National Bank of Bahrain gets major ESG ranking in Arab World

National Bank of Bahrain gets major ESG ranking in Arab World

The National Bank of Bahrain (NBB) has successfully ranked first in its ESG (Environmental, Social and Governance) performance across all sectors in the Arab World as per Refinitiv ESG Scoring.

During this quarter, the bank’s score rose from 72 to 76 points as a result of NBB’s multiple initiatives that enhanced the bank’s responsible environmental practices, such as providing environmentally friendly products to the bank’s clients.

Refinitiv’s ESG scoring is dynamic and based on regular periodic assessments and updates. Each organisation’s ESG score is evaluated and ranked against others on the basis of 10 main sustainability themes based on publicly available data.

The leadership position cements NBB’s standing within the top 10% of global banking services companies in the region by Refinitiv’s ESG rating.

This significant milestone further underscores the bank’s continuous endeavours to undertake sustainability initiatives and strategies in its core operations, it stated.

In line with NBB’s ongoing sustainability roadmap, the bank continues to adopt environmental, social and governance considerations as an integral element of its strategy.

On the key recognition, CEO Jean-Christophe Durand said: "Sustainability continues to play an essential role within our organisation. NBB recognises the significance of adopting sustainable methods that will lead to a positive impact both within our organisation